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Nancy Houser has a debt of $1.500 for books and supplies at Ken's Bookstore. She doesn't want her parent to know about her debt Ken's

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Nancy Houser has a debt of $1.500 for books and supplies at Ken's Bookstore. She doesn't want her parent to know about her debt Ken's Bookstore tells her that she can pay the debt in one of two ways: Alternative A: Pay $500 now and $1,200 in five years Alternative B: Pay $2.000 in five years Assuming that the interest rate to her is 12%, which alternative should she choose? Please specify whether you choose alternative A or B writing only the capital letter in the space provided. Nancy Houser has a debt of $1.500 for books and supplies at Ken's Bookstore. She doesn't want her parent to know about her debt Ken's Bookstore tells her that she can pay the debt in one of two ways: Alternative A: Pay $500 now and $1,200 in five years Alternative B: Pay $2.000 in five years Assuming that the interest rate to her is 12%, which alternative should she choose? Please specify whether you choose alternative A or B writing only the capital letter in the space provided

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